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Ace Creative Learning, provider of integrated learning in schools for students of Classes 11 and 12, has forayed into retail education solutions.
As a first step in the process, the company has launched DeekshaTab, its retail product. This is targeted at students aspiring to crack CET and Comed-K in Karnataka.
With an investment of ₹5 crore on the development of the DeekshaTab, Ace Creative Learning is looking at reaching out to 5,000 customers by the end of this financial year and is expecting revenues to the tune of ₹15 crore.
Sridhar G, founder of Ace Creative Learning, said, “The DeekshaTab is launched at a price of ₹34,999. It is one among a series of products that we plan to line up in the coming months, targeted at other competitive exams such as JEE, NEET, GATE and UPSC. Another area of focus for us is to develop products for students of class 5 to 12.”
The company is looking at raking in ₹100 crore in revenue in the next three years from new business.
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